FP Receives $22.48 M to Extend Field Service RepresentativesForce Protection Industries, Inc., a FORCE PROTECTION, INC. (NASDAQ: FRPT) group company, today announced it has received two firm fixed price modification awards under contract M67854-07-D-5031 totaling approximately $22.48 million from U.S. Marine Corps Systems Command for the extension of field service representatives in Afghanistan.
On June 14, 2011 Force Protection received a $14,430,546 firm-fixed-price modification under previously awarded firm-fixed-price, indefinite-delivery/indefinite-quantity contract (M67854-07-D-5031) for a six-month renewal of 87 field service representatives and their life support to install spall liner blanket kits, independent suspension kits, modernization safety kits and conduct general maintenance on the Cougar Mine Resistant Ambush Protected vehicle fleet supporting Operation Enduring Freedom.On June 15, 2011 Force Protection received an $8,089,860 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for a six-month renewal of 43 field service representatives to support operations at Vehicle Support Facility-Afghanistan.
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Work on both modifications will be performed in Afghanistan, and is expected to be completed by Dec. 31, 2011.
Randy Hutcherson, Chief Operating Officer of Force Protection, said, "The important sustainment, upgrade and modernization work continues for the Cougar vehicles in Afghanistan. We are pleased to continue to provide this critical service to our Marine Corps customer to support the ongoing operations in Afghanistan."
Source : Force Protection, Inc. (NASDAQ: FRPT)
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